N.J. settles with 3 hotels, gas station in post-Sandy pricing

    New Jersey officials have reached settlements with two Garden State hotels and a gas station accused of price gouging following Superstorm Sandy.

    Consumer Affairs officials say the state will get $89,845 in penalties, fees and consumer restitution under the settlements announced Monday.

    One of the hotels raised its rates by as much as 283 percent above the prices it charged before the storm, officials said. The other raised its rates by as much as 117 percent.

    The gas station charged as much as $4.79 for credit card sales of regular gasoline — an increase of 26.3 percent above its price before the storm. It also allegedly charged as much as $5.09 for credit card sales of premium gasoline — an increase of 34.2 percent.

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